Asia may be crumbing, and rumours of losses on several investment banks’ proprietary trading desks are beginning to do the rounds, but that doesn’t appear to be hampering the desire to splash out on lavish Christmas parties.
Literally, in one case. Five houses have revived last year’s idea of having a joint party, and this year have chosen the London Aquarium as their venue. Goldman Sachs is again running the books for the deal, and is the only one of the five which is still in the same shape as last year.
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